What caught my eye this week.
Sorry guys, I am up against it this evening so no devastating hot take preamble from me today.
As ever though, thoughtful responses on the articles featured this week are more than welcome in the comments.
Have a great weekend!
From Monevator
Should you hold cash instead of bonds? – Monevator
From the archive-ator: Reasons to rent a house instead of buying – Monevator
News
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Social Market Foundation proposes 10% capital gains tax on own homes – ThisIsMoney
Small investors take to high-risk punts during lockdown – Guardian
Are banks playing fair when they close the last branch in town – Which?
‘Burrito Bond’ chain Chilango goes into administration – ThisIsMoney
Mortality rates from Covid-19 around the world – John Hopkins University
Products and services
Robinhood abandons plans to come to the UK, set to delete 200,000 wait list… – TechCrunch
No worries, we’ve already got Freetrade! Sign-up to via my link and we can both get a free share worth between £3 and £200 – Freetrade
Eat Out to Help Out: the restaurants taking part and the discount rules explained – Which?
Club Lloyds customers to earn less interest in latest cut to current account perks – ThisIsMoney
Homes for sale by the sea in the UK [Gallery] – Guardian
Comment and opinion
Dividends are not dead, but your strategy might need recharging [Search result] – FT
There is nothing wrong with a traditional career – Of Dollars and Data
Eight timeless contributions for everyone from Warren Buffett – Validea
Crash test – Humble Dollar
The days of the 60/40 portfolio giving equity-like returns are over – The Irrelevant Investor
Why most people are so bad at stockpicking – Financial Ducks in a Row
Needles in the haystack we call Twitter – Abnormal Returns
Pandemonium – Indeedably
Five midyear questions for disappointed investors – Bloomberg BNN
Now is the right time to hedge against unexpected inflation – Market Watch
Generational wealth inequality – A Wealth of Common Sense
Leasehold mini-special
England’s leasehold system is crumbling. Freeholders’ fightback will be nasty – Guardian
Should we ban leasehold property? [Search result] – FT
Naughty corner: Active antics
What does the democractization of share trading mean for valuations? – Medium
Debt investment trusts: For the brave only – IT Investor
Active management has become a game of musical chairs – Behavioural Investing
Mid-year FTSE and S&P CAPE ratio review – UK Value Investor
A deep dive into Bill Ackman’s new SPAC – CNBC
Is hedge fund secrecy a sign of skill or a red flag? – Institutional Investor
Tesla agnostic – Ramp Capital
Stocks suffer a seasonal headwind, starting now – Sentiment Trader
Coronavirus corner
America is sleepwalking towards catastrophe – Vox
25 Swedish doctors warn against the Swedish response to Covid-19… – USA Today
…yet fact is daily deaths are now down to single digits, without a lockdown – BBC
Fermented cabbage may provide some protection against Covid-19 – Eat This, Not That
The pandemic / lockdown seems to have reduced the number of babies born prematurely – NYT
In Italy, the coronavirus exposed the West’s weakest link – The Atlantic
Brexit
UK must “face possibility” of no deal on future with EU by end of transition – Sky News
Marina Hyde: Get set for the next round of Britain’s Brexit brinkmanship – Guardian
Kindle book bargains
Drink?: The New Science of Alcohol and Your Health by Professor David Knutt – £0.99 on Kindle
The Economics Book: Big Ideas Simply Explained by Niall Kishtainy- £1.99 on Kindle
When Genius Failed: The Rise and Fall of Long Term Capital Management by Roger Lowenstein – £0.99 on Kindle
The Hidden Life of Trees by Peter Wohlleben – £0.99 on Kindle
Off our beat
Researchers find earliest confirmed case of smallpox in the Viking era – Guardian
Forget getting credit. Do the work – Ryan Holiday
Boom time for death planning – New York Times
The parrot king – Audubon [via Abnormal Returns]
And finally…
“Investment is essentially the arbitrage of ignorance.”
– Jim Slater, The Zulu Principle
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